Bali Towerindo Sentra Tbk vs Island Concepts Indonesia Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Island Concepts Indonesia Tbk. trades at Rp108 (market cap 113.33B, 15.1M 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 43.6× Island Concepts Indonesia Tbk.'s market cap, and Island Concepts Indonesia Tbk. is more actively traded (15.1M versus 1.8K). Which is the better fit depends on your goals.
| BALI | ICON | |
|---|---|---|
Market Cap | 4.94T | 113.33B |
Volume | 1.8K | 15.1M |
Lot | 18 | 151.05K |
Turnover | 2.2M | 1.61B |
Average Price | 1,221.11 | 106.8 |
Value | 2.2M | 1.61B |
Indicative Equilibrium Price | 1,250 | 108 |
Indicative Equilibrium Volume | 1 | 6.32K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bali Towerindo Sentra Tbk (the Company) was established on July 6, 2006 based on notarial Deed No. 12 of Triska Damayanti, S.H., Notary in Bali. In 2004, the University of Udayana (the largest university in Bali) has conducted a feasibility study on the communications network infrastructure in Badung regency. The study concluded that the current BTS towers are inefficient and unorganized. As a result, it suggests the multi-tenant BTS towers can be optimized by 49 towers for combined GSM and CDMA transmissions compared to more than 100 single tenant towers at present. Based on this study, the local government has imposed regulations known as Peraturan Bupati Badung No. 62/2006 in conjunctions with regulatory and developments of multi-tenant telecommunication towers in Badung. The objective is to prevent the uncontrollable growth of mostly single-tenant operator-owned BTS towers in Badung regency. Adopting the above concept, BALITOWER has made completion to operate 48 BTS towers spread over in Badung’s strategic location, and it has finished constructing 13 BTS towers in Tabanan. The tower leasing business has also given BALITOWER another business opportunity to provide lease service of high capacity microwave transmission to mobile cellular operators. In 2007, BALITOWER has been awarded an operational license for 20 years by the regional government of Badung and Tabanan municipality in Bali province. The license will allow BALITOWER to be the only tower provider to operate in Badung and Tabanan regency which include tourist’ most favorite landscapes and beaches in Bali such as Kuta. Legian, Seminyak, Nusa Dua and Jimbaran. BALITOWER has spotted a dimensions of investing opportunity not only from the attractiveness of Bali island but also is has captured the opportunity in the growth of telecommunication industry perspective.
Read more on BALI →PT Island Concepts Indonesia Tbk is an Indonesia-based service provider. The Company is engaged in the hospitality industry, including hotel and restaurant operations and other related activities. It is headquartered in Bali, Indonesia.
Read more on ICON →